[New post] CIMB: Malaysian Resources Corp

alanyeo posted: " Still getting hit by MCO on multiple fronts■ 1H21 results were below expectations; losses were due to MCO disruptions.■ Key weakness came from construction losses but LRT 3 JV profit surged.Property development EBIT was hit by weak site progress.■ Hold c" Respond to this post by replying above this line New post on Alpha Edge Investing CIMB: Malaysian Resources Corp by alanyeo Still getting hit by MCO on multiple fronts■ 1H21 results were below expectations; losses were due to MCO disruptions.■ Key weakness came from construction losses but LRT 3 JV profit surged.Property development EBIT was hit by weak site progress.■ Hold call retained with a lower TP; we expect earnings to recover in 4Q21F. Read more of this post This post is ad-supported ​ alanyeo | September 1, 2021 at 2:23 pm | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-3tG Comment    See all comments    Like Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://alphaedgeinvesting.com/2021/09/01/cimb-malaysian-resources-corp/ Thanks for flying with WordPress.com